Crypto Daily Report – November 30
Articles Read 3/3
🎁 Unlock 2 extra articles by joining our Community!
You’ve reached your limit of 3 free monthly articles. Please enter your email to unlock 2 more articles.
Already have an account? Sign In 9b3d8c-d6030c-208437-263ae5-9555dc
Already have an account? Sign In 9b3d8c-d6030c-208437-263ae5-9555dc
Reports you haven't read
Recent bearish trends continue to persist this afternoon. The SPX has sunk to its lowest level in months in part due to underwhelming home sales and consumer confidence data. Despite this data, rates continue to rise, with the U.S. 30-year yield eyeing the 4.7% mark after an early morning bout of short covering. All market sectors are currently in negative territory, and in the commodities market, oil prices are rebounding...
U.S. equities and crypto markets are falling today as investors digest the idea of a higher-for-longer interest-rate future. Following yesterdayâs FOMC meeting, expectations for the 2024 and 2025 federal funds rate sharply increased (see below). The SPX and NDQ are both down over 1% at the time of writing, while BTC -0.10% (-1.63%) and ETH 0.11% (-1.98%) are showing larger declines. ETHBTC has fallen below 0.06, its lowest level since July 2022....